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Thursday, 27 March 2014

German Recluse to Return Nazi-Looted Art to Rightful Owners or Their Descendants

FSWC Reports:

From Reuters:

A German recluse
whose billion-dollar art hoard was confiscated will return all works
looted by the Nazis to their owners or their descendants, his legal
custodian told German media on Wednesday.

The paintings, drawings and sculptures were
seized from Cornelius Gurlitt's two homes by authorities investigating
possible tax evasion in February 2012. They include Modernist and
Renaissance masterpieces valued at about 1 billion euros, according to
media reports.